Good Car
Good Car Co is a certified social enterprise that imports, refurbishes, and bulk‑buys second‑hand electric vehicles to create an affordable marketplace for Australian households, community groups, and small businesses.
- Autonomous Vehicles
- Automotive Technology
- Clean Technology
- Energy
- Hardware
- Mobility & Transportation
Funding
Raised to date
$11MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many Australian households and community groups face high upfront costs and limited availability of affordable electric vehicles, making the transition to low‑emission transport financially and logistically difficult.
Solution
Good Car Co operates as a certified social enterprise that imports, refurbishes, and bulk‑buys second‑hand electric vehicles (EVs) to create a marketplace of affordable, high‑quality EVs for Australian consumers. By coordinating with workplaces, dealers, and finance providers, the company enables “novate” lease arrangements that leverage recent FBT tax changes, allowing users to reduce their vehicle expenses and claim tax savings. The bulk‑buy model aggregates demand at the community level, securing larger inventory at lower prices and shortening wait times. Good Car Co also provides educational resources, cost‑savings calculators, and guidance on EV incentives to help buyers understand total ownership costs and environmental benefits. Profits are reinvested, with 50 % directed toward climate‑action initiatives, reinforcing the company’s mission to accelerate decarbonisation through accessible EV adoption.
Target Audience
Primary customers are Australian households, community groups, and small businesses seeking affordable electric vehicles, as well as employers looking to offer tax‑advantaged EV lease options to employees.
Features
- Community‑driven bulk‑buy program that aggregates demand to lower purchase prices and increase vehicle availability
- “Novate” lease facilitation that handles negotiations between employers, dealers, and finance firms to capture FBT tax benefits for lessees
- Curated marketplace of inspected, refurbished second‑hand EVs with transparent pricing and warranty options
- Online cost‑savings calculator and up‑to‑date guide to Australian EV incentives, helping users assess fuel, tax, and maintenance savings
- Dedicated customer support team offering end‑to‑end assistance from vehicle selection through financing and delivery
- Commitment to social impact: 50 % of profits are allocated to climate‑action projects and community outreach programs